World Library  
Flag as Inappropriate
Email this Article

Swedish Africa Company


Swedish Africa Company

Swedish Africa Company
Founded 1649 (1649)
Founders Louis De Geer
Defunct 1663 (1663)
Headquarters Göteborg
Key people Laurens De Geer, Hendrik Carloff,
Products tobacco, sugar, gold and African slaves

The Swedish Africa Company (Swedish: Svenska Afrikanska Kompaniet) was a Swedish trading company, founded in 1649 on the initiative of the Walloon-Dutch merchant Louis De Geer and his son Laurens, for whom Sweden had become their second home. The primary interest of the company was the trade on the Swedish Gold Coast. The establishment of the pseudo Swedish Africa Company caused much astonishment in the Amsterdam city council.


In 1648 De Geer's charter on exporting Swedish copper ended. Along with his son Laurens, and with a royal charter of Christina I of Sweden he founded the Swedish Africa Company. The company was founded after Hendrik Carloff, a former high-ranking officer of the Dutch West India Company, had offered his help, promoting his good relation with a local chief.

Caerloff was hired for three years as commander and director at a salary of one hundred guilders and an ounce of gold per month to cover the charges. He was embarking on the Elbe and thence sailed to Africa. He arrived at the Gold Coast on April 22 1650. Carloff signed a contract for the purchase of land with the chief of Efutu. There was a conflict with the Company of Merchants Trading to Guinea negotiating with Henniqua, a cousin of King of the Fetu about a British trading post. On May 28, 1650 both Sweden and the British signed a treaty with the chief. The English obtained the right to trade for only half a year.[1]

Carloff occupied Butre in 1659, Annemabo in 1651 and Orsou in 1652. On his return in September 1652 Carloff and his ship Christina were seized and taken to Plymouth. His ship was transporting about twenty bags of gold and 6,500 Tacorary in 1653. In Sweden Carloff was promoted to general and knighted on May 3, 1654 under the name Carloffer. It seems he occupied Jumore (Fort Apollonia) and Cabo in 1655. In 1656 Fort Batenstein was recaptured by the Dutch. In 1656 Carloff was accused of private trade. Johann Philipp von Krusenstjerna (1626–1659) took over the post of governor. Carloff left annoyed the colony and deserted to Denmark on March 27, 1657.

He then founded the Danish Africa Company and recaptured Carolusburg from the Swedes. Because of the Dano-Swedish War he ordered to sell Carolusborg to the Dutch if the garrison entered into trouble.

The establishment of both the Swedish and Danish Africa Company should be seen in the light of the mismanagement of the Dutch West India Company. This company went bankrupt in both 1636 and 1647, and was eventually dissolved in 1674.[3] Both the Swedish and the Danish company were founded by Dutchmen who tried to evade the West India Company's monopoly and used the company's mismanagement to make a private profit.

The Swedish Africa Company was formally abolished in 1663, after the West India Company paid compensatory damages to the Swedes.


  1. ^ R. Porter: The Crispe Family and the African Trade in the seventeenth Century, p. ?. In: Journal of African History. 9, 1, 1968, ISSN 0021-8537
  2. ^
  3. ^ A more successful second Dutch West India Company was founded in 1675.
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.